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News coverage about Titan International (NYSE:TWI) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Titan International earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.6029336871209 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Titan International (NYSE:TWI) traded up 2.85% during mid-day trading on Friday, reaching $8.31. 159,085 shares of the company’s stock traded hands. The company’s 50 day moving average is $11.02 and its 200 day moving average is $11.23. The company’s market cap is $496.11 million. Titan International has a 12-month low of $7.97 and a 12-month high of $14.23.
Titan International (NYSE:TWI) last posted its quarterly earnings results on Thursday, August 3rd. The industrial products company reported ($0.09) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by $0.18. Titan International had a negative return on equity of 10.79% and a negative net margin of 3.23%. The company had revenue of $364.40 million for the quarter, compared to analyst estimates of $352.13 million. During the same period last year, the company earned ($0.04) earnings per share. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. On average, analysts predict that Titan International will post ($0.26) EPS for the current fiscal year.
Several analysts have commented on TWI shares. Zacks Investment Research upgraded shares of Titan International from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Friday, June 30th. TheStreet upgraded shares of Titan International from a “d+” rating to a “c-” rating in a research note on Friday, June 30th. BidaskClub upgraded shares of Titan International from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Finally, ValuEngine cut shares of Titan International from a “hold” rating to a “sell” rating in a research note on Wednesday, August 16th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. Titan International presently has a consensus rating of “Hold” and an average price target of $14.00.
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Titan International Company Profile
Titan International, Inc is a wheel, tire, and undercarriage industrial manufacturer and supplier. The Company’s segments are agricultural, earthmoving/construction, and consumer. The Company produces a range of products to meet the specifications of original equipment manufacturers (OEMs) and aftermarket customers in the agricultural, earthmoving/construction, and consumer markets.
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